Assistant Accountant
Uganda Tea Corporation Limited
Accounting, Auditing & Finance
Job Summary
Preparing the company’s monthly financial statements/MIS and providing analytical commentary on performances
- Minimum Qualification:Bachelor
- Experience Level:Mid level
- Experience Length:3 years
Job Description/Requirements
Reporting To
Chief Accountant
System Used
Tally
About the Business
Uganda Tea Corporation has been a leading tea producer and exporter in Uganda for over 35 years. With three estates (Kasaku, Salama, and Luwala) situated within a 75km radius of Kampala, the company has over 2,500 Ha of land area of which about 1,250 Ha is currently utilized for Tea growing, over 400 Ha under forestry, and 400 Ha under Coffee. The company employs a team of over 1,800 employees who contribute to the company’s growth and development.
Job Responsibilities
- Preparing the company’s monthly financial statements/MIS and provide analytical commentary on performances.
- Prepare weekly payment schedule for all payments and ensure they are accurate and complete as per the internal approval policies.
- Ensuring all statutory obligations (PAYE, VAT, WHT, and NSSF) and annual income taxes and provisions are filed and paid in time.
- Perform monthly payroll analysis linking it to various cost drivers.
- Review all transactions to make sure they are properly approved as per internal accounting best practices, recorded in line with GAAP and documented.
- Provide financial review for advances, purchase requests, quotation analysis, purchase orders, expense report & payment requisition.
- Coordinate and prepare weekly and monthly cash requirement for all departments, submit and make sure sufficient cash is available and monitor its use and accountability.
- Make on the spot, weekly and monthly cash counts are being made and documented for all petty cash as per the current company policy.
- Make sure all cash, bank and advances are reconciled with cash counts, bank statements and outstanding advances and General ledger.
- Maintain all fixed asset registers, posting monthly depreciation, managing the insurance schedules and ensure all assets are under comprehensive coverage and insurance policies are up-to-date.
- Provide planned technical support, back stopping, coaching and training to all finance staff.
- Managing the Receivable & Payable, perform regular reconciliations, investigate any irregularities noted and resolve in consultation with the Chief Accountant.
- Ensure compliances with GAAPs/IFRS/IAS, Ugandan and standard accounting practice.
- Ensure data security of all finance data by regular monthly back-up for all staff.
- Review and track all purchases and contracts and other commitments for all Uganda Tea Cooperation Ltd.
- Participate in the preparation of the budget with all departments and ensure they are detailed as possible.
- Implement and maintain proper document archiving systems that promote easy access to documents whenever needed.
- Act as a contact point for all external audit queries during the final annual audits.
- Assist other finance functions and offices whenever the need arises and other tasks to be assigned by the Chief Accountant.
- Perform any other duties that may be required by management.
Requirements:
- Bachelor’s Degree in Accounting & Finance, Business Administration, Commerce, or any other related field.
- Professional qualifications CPA or ACCA are a distinct advantage.
- Strong quantitative and analytical competency
- Advanced knowledge of MS Excel & PowerPoint and related data analysis tools.
- At least 3 years experience in a similar role in a reputable company directly involved in Financial Reporting.
- Excellent interpersonal, communication, and problem-solving skills.
- Demonstrated capacity to effectively lead, supervise and monitor teams.
- Ability to work both independently and as part of a team and demonstrate integrity, independent thinking, sound judgment, and attention to detail.
- Proven capability to communicate clearly and concisely, both written and verbal, with people at all levels in a multicultural and multidisciplinary environment.
How to apply:
All qualifying candidates are required to submit their application letters, CVs, and 3 referees only in PDF or Ms. Word format t through Brightermonday Portal by Clicking on the 'Apply Here' section
No academic testimonials/ certificates are required at this stage.
Note that applications will be reviewed on a rolling basis. Therefore, early applications are encouraged.
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